Published by Mark Smith-HalvorsenNew unemployment figures led to a slip in the international foreign exchange system for the US dollar.Data showed that jobless numbers in the US rose to their highest level in nine months – fuelling ongoing concerns about the economic recovery.According to the Labor Department, total unemployment claims rose by 12,000 to reach 500,000 in the week ending August 14th. Analysts previously surveyed by the Dow Jones Newswires had expected a fall in applications in the region of 4,000."Initial job claims rising gives further doubts about job markets in the US, and the dollar is suffering as an initial reaction," said Roberto Mialich, foreign-exchange strategist at Unicredit MIB, reports the Wall Street Journal.He added that the dollar could regain if global economic results force investors towards traditional dollar and yen holdings.The largest increase in initial claims was seen in California, while the largest decrease was reported in Wisconsin.For more information on international payments, visit our Smart FX site